For the following statements, please indicate whether each is Correct or Incorrect? For the incorrect statements, please correct the Each part is (2 pts). statement. Hint: Please focus on "bold" part and if you state that the statement is incorrect, replace the "bold"part with the correct version a. Frequent design changes is an important OM strategy/issue during the maturity stage of the product life cycle Correct/Incorrect? If incorrect, write the correct version. b. Three basic competitive strategy alternatives for a firm are differentiation, cost, and response. Correct/Incorrect? If incorrect, write the correct version. c. The goal of assembly line balancing is to minimize the efficiency of the line. Correct/incorrect? If incorrect, write the correct version d. In Pull systems, the work release is based on forecasted demand. Correct/Incorrect? If incorrect, write the correct version. e. For an industry, low relative productivity makes it highly likely to be competitive to foreign industries. Correct/Incorrect? If incorrect, write the correct version f. The goal of mass customization is to produce standardized products at high amounts Correct/Incorrect? If incorrect, write the correct version